NYDFS finalizes cybersecurity regulations for New York financial institutions
The New York State Department of Financial Services (NYDFS) recently issued cybersecurity regulations that require New York banks, insurance companies…
Financial Services
Biometrics are used in financial services to aid in the flow of money from account opening through payments and transfers. This includes biometric payment cards, point-of-sale and payments systems, transaction processing and other payment technologies, as well as onboarding and regulatory checks, and mobile wallet applications.
Liquid launches payment service using fingerprint authentication in Indonesia
Japanese firm Liquid Inc. has launched a payment service using fingerprint authentication in Indonesia. According to a report in the…
EAB presenting Biometrics in Payments session at European Payment Summit
The European Association for Biometrics (EAB) will be presenting a ‘Biometrics in Payments’ session at the European Payment Summit (EPS)…
End-customer trials for smartcards incorporating IDEX biometric sensors begin
Fingerprint solutions developer IDEX revealed that the first end-customer trials for smartcards incorporating IDEX’s biometric sensors have commenced. The trials…
Unisys introduces digital banking software platform
Unisys Corporation has unveiled Elevate by Unisys, a digital banking software platform and suite of applications that assists financial institutions…
Wells Fargo working on voice-based payment capabilities
Wells Fargo & Co. is developing a voice biometrics-based payments offering for consumers that will reportedly expand beyond the basic…
Biometric authentication kiosks used to process new banking customers
The Commonwealth Bank of Australia (CBA) reports that the 685 biometric authentication kiosks introduced in the last year by its…
Nuance adds behavioral biometrics for enhanced fraud detection
Nuance has partnered with behavioral biometrics firm BioCatch to offer continuous authentication and more accurately detect fraud across multiple channels…
Santander adds voice authentication to mobile banking app
In an effort to provide a friction-free user experience, Santander banking clients will soon be able to access their bank…
Entrust Datacard building out continuous authentication capabilities
The ability to continuously authenticate a user during a session is a major opportunity for financial and banking companies with…
Biometric Market Analysis and Buyer's Guides
- Biometric Physical Access Control
- Digital Identity Verification
- Deepfake Detection
- Online Age Assurance
- Facial Liveness Detection